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Payday loans in Oklahoma City, Oklahoma

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Learn about the fees and restrictions around payday lending in Oklahoma City.

Anyone can get in a tight financial spot. If you’re considering a payday loan, take the time to read over Oklahoma’s regulations so you know exactly how much you can borrow — and how much a lender can charge you.

CashNetUSA Loan

For fast cash: CashNetUSA

Get a payday loan, installment loan or line of credit, depending on state availability.

  • Loan Amount: Varies by state
  • Turnaround Time: 1 business day
  • 15% off initial loan fee on payday loans or brokered loans
  • Quick application, no collateral needed
  • Bad credit is OK

    Can I get a payday loan in Oklahoma City?

    Yes, payday lending is legal in Oklahoma City under Oklahoma Statutes Title 3101 et seq. Under this, you can borrow up to $500 with a term between 12 to 45 days. In addition, Oklahoma allows you to have up to two outstanding loans at any given time.

    The financing fee a lender is legally able to charge depends on how much you borrow. For amounts less than $300, there is a financing fee of $15 per $100 borrowed. For amounts between $301 and $500, there is a fee of $10 per $100 borrowed. This means a loan of $500 will have a financing fee of $65. That’s $45 for the first $300 and $20 for the last $200. Of course, this amount doesn’t include any database fees or extra charges, so be sure to read the fine print of your contract before you sign.

    A list of online lenders that offer payday loans in OKC

    Rates last updated February 23rd, 2019
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    $5,000
    1 business day
    Must have direct deposit and meet minimum income requirements
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    $2,600
    1–2 days
    Must have an active checking account, regular source of income and email address.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    LendYou Short-term Loans
    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
    $15,000
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    $10,000
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    ACE Cash Express Short-term Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
    LendUp Payday Loans
    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see more details for your state.
    $250
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.

    Compare up to 4 providers

    What do I need to apply?

    Before starting an application, you’ll need to have a steady source of income, be at least 18 years old and be a US citizen or permanent resident. Most lenders also require you have a regular checking account, though this varies from lender to lender.

    When you’re ready to apply, you’ll have to provide some of your personal information. This includes:

    • Your name, date of birth, Social Security number and contact information
    • Your employment information, including your gross monthly income
    • Your bank account details if you decide to apply online

    Where to find short-term loan locations in OKC

    Short-term loan locations near me in Oklahoma City, OK

    • A-1 Loan Company. 331 NW 4th St, Oklahoma City, OK 73102
    • AAA Loan Service. 3401 S Western Ave # B, Oklahoma City, OK 73109
    • ACE Cash Express. 1425 SW 59th St, Oklahoma City, OK 73119
    • Advance America. 838 NW 12th St, Oklahoma City, OK 73160
    • Approved Cash. 7406 S Walker Ave, Oklahoma City, OK 73139
    • Cashland. 3013 SW 29th St, Oklahoma City, OK 73119
    • Check Into Cash. 432 SW 59th St #200, Oklahoma City, OK 73139
    • Check ‘n Go. 12233 N Pennsylvania Ave, Oklahoma City, OK 73120
    • EZ Money Payday & Title Loans. 4408 S Pennsylvania Ave, Oklahoma City, OK 73119
    • National Quik Cash. Britton Square, N May Ave & W Britton Rd, Oklahoma City, OK 73120

    Must read: Be cautious of short terms

    Although payday loans can legally last up to 45 days, the 12-day minimum may be a problem for some borrowers. This is because quick turn around, coupled with high fees, makes it difficult for many people to come up with the money needed to repay a loan. When discussing terms with your lender, push for a longer loan term — this can make it easier to budget for your repayment and avoid default.

    If your lender won’t offer you the term you need, or if you don’t think you can afford the high cost, you may want to look into some payday loan alternatives instead.

    What are my other short-term loan options in OKC?

    In addition to payday loans, you’ll also find lenders that offer installment loans. These are regulated differently than payday loans. You can borrow up to $50,000, and terms last 60 days to 49 months. In addition, costs are much lower — the highest APR you’ll receive on any installment loan is 27%.

    If you were hoping to get a car title loan in Oklahoma, you’re out of luck. Because of the risks that come with defaulting — namely the repossession of your car — Oklahoma has banned lenders from offering this type of short-term loan to residents of the state.

    Bottom line

    Oklahoma has struck a fine balance between regulations that protect the borrower and regulations that allow businesses to make money. Because of this, you’ll have quite a few options when you compare payday loans throughout the state.

    However, it’s still important that you understand how payday loans work so you can make the right decision for your finances.

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    US Payday Loans Offers

    Important Information*
    CashNetUSA Loan

    Apply for a short-term loan with an easy online application and dedicated customer service.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

    LendYou Short-term Loans

    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.

    Go to site